Company Registration No. 08855961 (England and Wales)
County Joinery (Yorkshire) Limited
Unaudited accounts
for the year ended 31 July 2023
County Joinery (Yorkshire) Limited
Unaudited accounts
Contents
County Joinery (Yorkshire) Limited
Company Information
for the year ended 31 July 2023
Directors
Karen Holden
Steven R Holden
Colin R Webster
Company Number
08855961 (England and Wales)
Registered Office
The Workshop Office
Waxholme Lane, Waxholme
Withernsea
East Yorkshire
HU19 2BJ
County Joinery (Yorkshire) Limited
Statement of financial position
as at 31 July 2023
Tangible assets
15,099
21,575
Cash at bank and in hand
11,015
9,730
Creditors: amounts falling due within one year
(67,454)
(109,104)
Net current assets
57,106
55,994
Total assets less current liabilities
72,205
77,569
Creditors: amounts falling due after more than one year
(6,400)
(9,600)
Provisions for liabilities
Deferred tax
(2,869)
(4,099)
Called up share capital
100
100
Profit and loss account
62,836
63,770
Shareholders' funds
62,936
63,870
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 February 2024 and were signed on its behalf by
Karen Holden
Director
Company Registration No. 08855961
County Joinery (Yorkshire) Limited
Notes to the Accounts
for the year ended 31 July 2023
County Joinery (Yorkshire) Limited is a private company, limited by shares, registered in England and Wales, registration number 08855961. The registered office is The Workshop Office, Waxholme Lane, Waxholme, Withernsea, East Yorkshire, HU19 2BJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
County Joinery (Yorkshire) Limited
Notes to the Accounts
for the year ended 31 July 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2022
43,019
25,070
68,089
At 31 July 2023
43,019
25,070
68,089
At 1 August 2022
24,884
21,630
46,514
Charge for the year
4,756
1,720
6,476
At 31 July 2023
29,640
23,350
52,990
At 31 July 2023
13,379
1,720
15,099
At 31 July 2022
18,135
3,440
21,575
Amounts falling due within one year
Trade debtors
107,176
147,069
Accrued income and prepayments
3,127
2,934
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
3,200
3,200
Trade creditors
33,671
57,511
Taxes and social security
2,432
5,493
Other creditors
8,156
12,861
Loans from directors
1,324
7,324
7
Creditors: amounts falling due after more than one year
2023
2022
County Joinery (Yorkshire) Limited
Notes to the Accounts
for the year ended 31 July 2023
8
Deferred taxation
2023
2022
Accelerated capital allowances
2,869
4,099
Provision at start of year
4,099
4,362
Credited to the profit and loss account
(1,230)
(263)
Provision at end of year
2,869
4,099
9
Average number of employees
During the year the average number of employees was 8 (2022: 8).